Global Economy

The European Central Bank is deeply concerned about deflation, and deflation paranoia is a convenient way to justify propping up southern Europe, w

Thomas Piketty’s theoretical case is weak, but his supporters say, “look at all this data. The data, however, is often iffy at best and outlandish at worst.  
 

Mark Thornton critiques Thomas Piketty’s recent bestseller, and explains why capitalism is not the problem, nor are taxation and redistributi

The European Central Bank is deeply concerned about deflation. And deflation paranoia is a convenient way to justify propping up southern Europe.

Peter Klein answers a viewer's question, and discusses a critical battle between technology and ideology.

Interest rates are low, and staying low, because they are constantly manipulated by the Fed and other central banks.
 

According to some experts, sanctions imposed by the US and the European Union are likely to push Russia into a recession.

Income inequality has been called “the defining challenge of our time,” and it is generally made worse by government policies.

Some have argued that euros are “overvalued.” As with all currencies, goods and services, the price is a function of supply and demand.

The true state of the old communist economy under Tito reveals an economy addicted to debt that lagged behind most of Europe.